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List of Flash News about Ceffu custody

Time Details
2025-05-07
03:26
Trump-Backed DeFi Project WorldLibertyFi Mints $2.02M USDF Using $4.51M in AVAX, MOVE, SEI as Collateral on FalconStable

According to @EmberCN, the Trump-backed DeFi project WorldLibertyFi deposited $4.51 million worth of AVAX, MOVE, and SEI tokens to FalconStable (custodied by Ceffu) as collateral eight hours ago and minted 2.023 million USDF. The deposited assets included 103,000 AVAX ($2.06M), 7.581 million MOVE ($1.28M), and 5.983 million SEI ($1.17M). This major collateralization event signals increased liquidity for USDF and may influence trading volumes for AVAX, MOVE, and SEI. Market participants should monitor token flows and potential price impacts, as large-scale DeFi activity involving high-profile backers can drive volatility in related crypto assets. (Source: @EmberCN, debank.com/profile/0xa713...)

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